“It’s basically giving away £12 billion worth of money,” said the Deputy Prime Minister, “and it will lead to things that people can feel and touch.”
Well, at least that’s one thing they’ll be able to agree on.
The warning came in his first televised interview as head of the Bank of England’s Financial Policy Committee.
The Juncker Effect, if that is what it is, certainly outweighs any Coulson Effect.
We should defend it in the same way the Germans protect their car industry and the French their agriculture.
Stamping oil and gas wells all over the British countryside is going to lose votes – and for what gain?
The direct effects of Help to Buy haven’t been too bad because they’ve been quite limited. The indirect effects, however, could be a totally different matter.
Scott Sumner, who delivered the annual Adam Smith Lecture this week, believes that central banks should move on from inflation targeting and on to total spending.
If some charities were acting in a way that was genuinely balanced, they would have been more vocal in criticising the last Labour Government.
The overwhelming theme of the Chancellor’s Mansion House speech was risk. As he describes it, the economy isn’t out of the woods yet.
Conservatives are not the mouthpiece of the ‘already haves’; we are the party for all those who aspire to have, and to do, and to be.
The Lib Dem leader’s speech yesterday was notable for its attacks on Osborne’s fiscal plan. Could next year’s Budget be the time for a split?
The Conservatives lead on the economy – but that doesn’t yet necessarily translate into voting for them.
The Chancellor’s critics have been proved wrong.